Net zero in the financial sector, tax recovery and corporate loyalty

The organizations within the Irish financial services sector are strongly committed to achieving “net zero” carbon emissions, with 79% planning to achieve this goal, according to a Compliance Institute survey – although one in five “do not intend” to do it. Reporting by Kevin O’Sullivan.

Newry-based StatSports has secured another multimillion-dollar deal with a leading sports organization in the United States, writes Charlie Taylor. The sports technology companywhich previously entered into a historic partnership with the United States Soccer Federation, has now entered into a new agreement with US Youth Soccer, one of the largest youth sports organizations in the world, with nearly three million players.

In his weekly column, Eoin Burke-Kennedy describes what a turbulent economic year reserve for us.

The strong recovery of the Irish economy and an increase in transactions, delayed in the first year of the pandemic, pushed Mergers and Acquisitionsactivity last year at levels not seen since the height of the Celtic Tiger, according to a new report. Reports by Marc Paul.

Dominic Coyle, in his Personal Finance Q&A, advises a reader on the thorny subject of capital gains tax when selling a property.

Spending in bars more than tripled on the day Covid restrictions were eased, but the the largest increase in spending by consumers last month was traveling, according to new figures. Charlie Taylor has the details.

Workers who participate in “financial well-being” assessments at work receive average tax refunds €1,250, according to data from Taxback.com, writes Dominic Coyle. The financial adviser, who specializes in tax refunds, began working with employers last year on an ’employee financial wellness’ program in response to requests from companies to talk to their employees about how to manage their tax affairs.

Emma Jacobs warns that hybrid work has the potential to weaken corporate loyalty.

In our Opinion column, Danny McCoy, Managing Director of Ibec, says that wage supports are essential the economy recovers.

On our Inside Business Podcast Ciarán Hancock talks to Charlie Taylor and Joe Brennan about two big stories: online bank Revolut’s decision not to use an Irish license to get into the lending business here, and Irish startup Wayflyer joining the ranks of local companies valued at 1 billion euros, or “unicorns”.

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